WJB Capital Halts Brokerage Operations
From bloomberg.com
WJB Capital Group Inc., a Wall Street firm with more than 100 employees, shut its brokerage operations amid “financial issues,” according to the company’s attorney. “A decision was made -- and I might say it was a very painful decision -- that it would terminate its broker-dealer operations, and it has done so,” Mark Skolnick, general counsel for the company at law firm Platzer, Swergold, Karlin, Levine, Goldberg & Jaslow LLP, said today. The closely held firm has some non-brokerage operations and is exploring “other possibilities,” he said in a phone interview today. WJB Capital was “unable to raise capital in a ...
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